Money makes Money ! Good Cash Flow at Premium Location

It says “Units are renting for over $3,000/mo. Financials listed are actual.”

Blind YOY appreciation between 2004 and now (2017) is 8.99% (Did not I say blind calculation?)

San Mateo will get rent control real soon now.

Rent control does not stop investment, but owner has to limit on rent increase, still good cash flow/profitability !

The benefit is location and the place is sitting among many startups and middle between South Bay (RBA) and San Francisco, both are growing !

Caltrans just started a project to redo SR 92/ El Camino interchange.

This apartment building is next to this interchange don’t know if it is a bad or good thing:
http://www.dot.ca.gov/d4/92-82interchange/

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